LOGICAL SYSTEMS 401(K) PLAN
Overview
Plan Contact
- Address: 2756 APPLING CENTER COVE,MEMPHIS,TN
- Contact person: PATIENCE MOORE
- Phone: (901) 377-5574
Plan General Information
At the end of 2022, the total retirement plan assets of LOGICAL SYSTEMS 401(K) PLAN is $49,288,302.This plan was established in 1985.
At the end of 2022, the total number of retirement plan participants in LOGICAL SYSTEMS 401(K) PLAN is 321
In 2022, the average participant retirement account value for LOGICAL SYSTEMS 401(K) PLAN is $153,546
In 2022, the estimated average employee contribution amount per participant for LOGICAL SYSTEMS 401(K) PLAN is $6,296
In 2022, the estimated average employer match for an employee in LOGICAL SYSTEMS 401(K) PLAN is approximately $7,465
In 2022, LOGICAL SYSTEMS 401(K) PLAN allocates $2,396,467 to match its employees’ contributions, providing an employer match rate of 125.41% of their contributions
In 2022, the total retirement plan asset growth rate of LOGICAL SYSTEMS 401(K) PLAN is -13.93%
In 2022, the estimated aggregate retirement account investment gain/loss for LOGICAL SYSTEMS 401(K) PLAN is -17.96%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of LOGICAL SYSTEMS 401(K) PLAN is 0.00%.
Enrollment Features
LOGICAL SYSTEMS 401(K) PLAN has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.